Global Gas Separation Membrane Market is expected to grow at a CAGR of 6.8% During the Forecast Period 2021-2027

From USD 1 billion in 2020, the Global Gas Separation Membrane Market is expected to reach 1.5 billion by 2027. It will exhibit a CAGR of 6.8% during the forecast period. The global gas separation membrane market is expected to have substantial growth owing to a surge in the adoption of technology in a wide spectrum of industries along with increasing biogas production. The increased concern about global warming due to rising carbon dioxide emissions will drive the market growth for gas separation membranes. Moreover, due to increasing energy costs, gas separation membrane technology will play a significant role in decreasing environmental impact and costs of industrial processes. Nevertheless, the diversification in several industry verticals and mounting demand in several applications like wastewater treatment will create lucarive opportunities for market development of gas separation membrane technology.

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Due to rigorous lockdown in several regions, the COVID-19 pandemic has had a substantial impact on the whole supply chain of the oil and gas business, pharmaceutical industry, and biomedical devices industry. However, as the government relaxes its tight limitations, demand for gas separation membranes is projected to increase.

Global Gas Separation Membrane Market Segment Analysis

This section of the report provides a comprehensive analysis of segments and sub-segments and offers insight into the leading segment and anticipates segments having the fastest growth.

The Global Gas Separation Membrane Market is segregated based on:

By Material Type
• Polyimide & Polyaramide
• Polysulfone
• Cellulose Acetate
• Others

By Application
• Nitrogen Generation & Oxygen Enrichment
• Carbon Dioxide Removal
• Vapor/Gas Separation
• Vapor/Vapor Separation
• Air Dehydration
• Hydrogen Recovery
• Others

By Module Type
• Spiral Wound
• Hollow Fiber
• Plate & Frame
• Others

By End-User
• Food & Beverage
• Waste & Wastewater Treatment
• Pharmaceuticals
• Others

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Competitor Landscape

Key advancements in the Global Gas Separation Membrane industry, as well as organic and inorganic growth approaches, are covered in the research. A number of companies are prioritising new launches, product approvals, and other organic growth tactics such as patents and events. Inorganic growth strategies in the market included acquisitions, partnerships, and collaborations. These efforts have paved the road for industry players to expand their business and client base. The industry players in the inspection management software market are expected to benefit from attractive growth prospects in the future. A list of a few businesses involved in the Global Gas Separation Membrane Market are provided below:

• Air Liquide Advanced Separations
• GENERON
• Air Products Inc.
• UBE INDUSTRIES, LTD.
• Membrane Technology and Research, Inc.
• Honeywell International Inc.
• FUJIFILM Manufacturing Europe B.V.
• Schlumberger Limited.
• DIC CORPORATION
• PARKER HANNIFIN CORP.

FAQ
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• Name some of the prominent industry players in the Report?
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• What are the segments defined in the report?

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